Conditions for selling gold and silver for one another
Machine translationRead the Arabic original
Question:
May Allah reward you, Your Eminence, father. The questioner asks: Is a forward sale (salam) in gold valid? And is it valid for me to give a man ten thousand on the condition that he returns to me after a year one thousand grams of gold?
Answer:
Selling gold for gold, or silver for silver, or the reverse—gold for silver or silver for gold—requires immediate exchange. If the type is the same, immediate exchange and equality in weight are required. If the type differs, such as gold for silver, immediate exchange is required, but difference in amount is permissible. This is called currency exchange (sarf). However, there is no deferral; deferral is not permissible in any case. Yes.
May Allah reward you, Your Eminence, father. The questioner asks: Is a forward sale (salam) in gold valid? And is it valid for me to give a man ten thousand on the condition that he returns to me after a year one thousand grams of gold?
Answer:
Selling gold for gold, or silver for silver, or the reverse—gold for silver or silver for gold—requires immediate exchange. If the type is the same, immediate exchange and equality in weight are required. If the type differs, such as gold for silver, immediate exchange is required, but difference in amount is permissible. This is called currency exchange (sarf). However, there is no deferral; deferral is not permissible in any case. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [1770- 4717] شروط بيع الذهب والفضة ببعضهما - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.